PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1757626
PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1757626
Global Guns and Accessories Market to Reach US$9.2 Billion by 2030
The global market for Guns and Accessories estimated at US$6.5 Billion in the year 2024, is expected to reach US$9.2 Billion by 2030, growing at a CAGR of 6.1% over the analysis period 2024-2030. Air Rifle Type, one of the segments analyzed in the report, is expected to record a 8.5% CAGR and reach US$2.6 Billion by the end of the analysis period. Growth in the Air Pistol Type segment is estimated at 4.5% CAGR over the analysis period.
The U.S. Market is Estimated at US$1.8 Billion While China is Forecast to Grow at 10.0% CAGR
The Guns and Accessories market in the U.S. is estimated at US$1.8 Billion in the year 2024. China, the world's second largest economy, is forecast to reach a projected market size of US$1.9 Billion by the year 2030 trailing a CAGR of 10.0% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 2.8% and 6.1% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 4.0% CAGR.
Why Is the Global Market for Guns and Accessories Seeing Sustained Expansion?
The global guns and accessories market is experiencing robust growth, driven by heightened concerns around personal security, the popularity of shooting sports, and the steady demand from law enforcement and military sectors. Civilian gun ownership is expanding globally, particularly in response to rising crime rates, political instability, and a growing emphasis on self-defense. Alongside firearms, accessories such as scopes, grips, magazines, holsters, suppressors, and cleaning kits have become essential components for gun owners seeking customization, accuracy, and enhanced usability. Additionally, cultural shifts-such as the increasing normalization of firearms in lifestyle content and online forums-are influencing purchasing behaviors across a broad demographic base.
How Is Innovation Transforming Firearm Performance and User Experience?
Modern gun accessories are heavily influenced by technological innovation, with products now focused on performance enhancement, modularity, and user comfort. Optics and sighting systems-such as red dots, holographic sights, and laser targeting-are becoming more precise and affordable, improving shooting accuracy across use cases. Advanced polymers, 3D-printed components, and lightweight alloys are being utilized to create more ergonomic grips, adjustable stocks, and recoil-reducing features. Suppressors and muzzle brakes are seeing rising adoption, not only for tactical use but also for recreational shooting due to noise reduction and improved control. Additionally, smart gun technology-though still nascent-is gaining attention for integrating fingerprint recognition and wireless safety mechanisms, especially in regions with stricter firearm regulations.
Which End-User Segments and Regions Are Propelling Global Demand?
North America leads the global market for guns and accessories, with the U.S. accounting for the majority of civilian firearm sales and aftermarket demand. Europe, while more regulated, shows strong interest in hunting and sport shooting, particularly in countries like Germany, Finland, and France. Asia-Pacific presents a mixed landscape, with growing demand in countries with legal frameworks for sport and professional use, such as Australia and parts of Southeast Asia. Military and law enforcement sectors worldwide contribute significantly to accessory demand, particularly for tactical upgrades and training equipment. Meanwhile, civilian enthusiasts-ranging from hunters and sport shooters to collectors and first-time gun owners-are driving strong aftermarket sales across both physical retail outlets and digital platforms.
What’s Driving the Evolution of the Guns and Accessories Market?
The growth in the guns and accessories market is driven by several factors: rising civilian firearm ownership, increased spending on tactical gear and upgrades, innovations in material and targeting technology, and growing participation in sport and recreational shooting. End-use trends, such as the popularity of modular firearms that support interchangeable parts and accessories, are fostering higher accessory turnover. Additionally, advancements in e-commerce logistics, availability of online training content, and the gamification of shooting sports are encouraging more consumer engagement. Law enforcement and military modernization programs are also boosting demand for high-performance attachments, optics, and gear that enhance tactical readiness. These drivers, combined with evolving legal frameworks and safety training initiatives, are sustaining strong momentum in the global firearms and accessories ecosystem.
SCOPE OF STUDY:
The report analyzes the Guns and Accessories market in terms of units by the following Segments, and Geographic Regions/Countries:
Segments:
Type (Air Rifle Type, Air Pistol Type, Archery Type, Ammunition Type, Auxiliary Equipment Type, Machine Guns Type, Other Types); Distribution Channel (Supermarkets / Hypermarkets, Specialty Stores, Online Distribution Channel, Other Distribution Channels); End-Use (Law Enforcement End-Use, Competitive Sports End-Use, Individual End-Use, Commercial End-Use)
Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
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